Novartis invests US$256 million to expand Singapore plant
SWISS biopharma giant Novartis has invested US$256 million to expand its biopharmaceutical manufacturing plant in Singapore. The expanded site will focus on...
Japanese printing group Toppan to build Singapore factory for high-end semiconductor material
JAPANESE printing technologies group Toppan is opening a factory in Singapore to produce high-end semiconductor substrates. It will be the first such...
Economists raise Singapore’s 2024 growth forecast to 2.4%; expect lower headline inflation of 3.1%: survey
PRIVATE-SECTOR economists marginally raised their forecast for Singapore’s 2024 economic growth and lowered their expectations for headline inflation, in the latest quarterly...
Elevating Singapore’s advanced manufacturing cluster
THE manufacturing sector is a key pillar of Singapore’s economy, contributing some 19 per cent of the country’s gross domestic product in...
Singapore business confidence hits one-year high in Q2 2024: SCCB
LOCAL business sentiment continues an upward trajectory, hitting a one-year high in the second quarter of 2024.
Singapore factory output turns positive with 1.1% rise in January, but falls short of estimates
SINGAPORE’S industrial production (IP) grew 1.1 per cent on year in January, in a turnaround from December 2023’s 2.4 per cent decline...
Grand Venture Tech seeks to broaden its skill sets to chase next stage of growth
GRAND Venture Technology has had a difficult year. The manufacturing service provider has been navigating a cyclical downturn in the semiconductor industry...
Singapore’s PMI rises further in January, echoing region’s improved factory activity
SINGAPORE’S manufacturing sentiment improved again in January, as regionwide factory activity continued to recover.
Canning the competition
AMID rising costs and a shortage of skilled labour in Singapore, home-grown metal can manufacturer MC Packaging is expanding its operations in...
Singapore’s factory output slips back into negative territory in December, down 2.5%
SINGAPORE’S factory output contracted 2.5 per cent year on year (yoy) in December, dragged down by a double-digit decline in the volatile...